Thursday, June 6, 2019

U.S. Century Bank Names Nicholas 'Nic' Bustle Executive Vice President and Chief Lending Officer

Nicholas 'Nic' Bustle

MIAMI, FL —— U.S. Century Bank (USCB) announced the addition of Nicholas “Nic” Bustle as executive vice president, chief lending officer. 

He will provide leadership for the commercial banking division, focusing on business development and market share growth in the commercial and industrial (C&I), commercial real estate, and small business market segments.

He will oversee the team of commercial lenders in Miami-Dade and Broward counties.

“We continue to strengthen our presence in the commercial banking sector, and Nic is the right person to lead the effort to move us to the next level,” commented Luis de la Aguilera, president and CEO. “Economic conditions and market dynamics offer tremendous growth potential, and we plan to make the most of these opportunities.”

Luis de la Aguilera

Bustle brings to U.S. Century Bank more than 35 years of South Florida banking experience, including leadership positions at City National Bank, BankUnited, and SunTrust Bank. 

Bustle was most recently at Valley Bank as Miami-Dade County market president and first senior vice president – commercial banking. In addition to specializing in commercial banking, his career spans positions in wealth management. He holds Series 24, 7, 66 and Insurance 215 licenses.

“At U.S. Century Bank, we are committed to not only servicing the needs of privately-owned businesses, but also the needs of these business owners and their families,” commented de la Aguilera. “Nic’s experience and perspectives will be valuable as we build out our plans to execute this important business priority.”

“I am proud to be part of a community bank that does as much to serve its community as it does to service its customers,” said Nic Bustle, the newly appointed executive vice president, chief lending officer. “I look forward to contributing to the growth and financial strength of U.S. Century Bank.”

Bustle holds a master’s degree in international business from Florida International University and a bachelor’s degree in business administration from the University of Wisconsin-Platteville.

Teresa Estefan
EvClay Public Relations
+1 (305) 261-6222
Toll Free +1 (877) 261-6222

(305) 715-5200

NAI Realvest Closes $1 Million Sale of Commercial Land for Wetlands Mitigation and Retail Development in Southwest Orlando, FL

Jason G. Toll

ORLANDO, FL – NAI Realvest recently closed on the sale of 72.52 acres at 12329 Winter Garden Rd. in southwest Orlando ’s tourism corridor. 

Buyer WMG Development of Effingham, IL paid $1,000,000.00 for the property.  

Jason G. Toll, MiCP, Director at NAI Realvest negotiated the transaction representing the seller Hojosaki, LLC of Newton , MA

Toll said the buyer is a nationally recognized retail developer who will use the property for onsite wetlands mitigation to restore, preserve and enhance the acreage while developing the adjacent 12 acres fronting on Winter Garden Vineland Road that also includes environmentally sensitive land a/k/a/wetlands.  

Jared Ettinger
Jared Ettinger and John Park of Berkshire Realty, LLC represented the buyer.

About NAI Realvest 

NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide.

 NAI Global is an international commercial real estate network with over 400 offices spanning the globe.  

Since 1978, clients have built businesses on the power of NAI Global’s expanding network. 

John Park
 Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. 

To learn more, please visit


Jason G. Toll, MiCP, Director, NAI Realvest, 407-875-9989
Patrick Mahoney, President / CEO  NAI Realvest, 

Beth Payan, Larry Vershel Communications, 407-644-4142

CHMWarnick Names Chad Sorensen Chief Operating Officer

Chad Sorensen
BOSTON, MA (June 6, 2019) – CHMWarnick, the leading hotel asset management and owner advisory services company, today announced managing director Chad Sorensen (CHAM, ISHC) has been named chief operating officer.

  In his new role, Sorensen will be responsible for overseeing the company’s asset management operations, with a focus on continued improvement in business practices, while leveraging cutting-edge technology to benefit the company’s clients.

“Our company has more than doubled in size over the last few years, and adding Chad as our COO is one more way we will continue to bring the most comprehensive and impactful asset management services to our clients,” said Chad Crandell, CEO and managing director, CHMWarnick. 

“A 25-year hospitality industry veteran, Chad is a highly accomplished asset manager and leader who in his new role as COO will build on the growth and incredible momentum we have as a company. 

Chad Crandell
"We continue to deepen our bench strength with a series of promotions and new hires to accommodate the nationwide expansion of our client portfolio.  Chad has been instrumental in helping us get to where we are today, and I have no doubt he will continue to fuel our growth.”

With nearly three decades of experience, Sorensen has worked in virtually every aspect of the lodging industry, from asset management to guiding owners on a wide variety of lodging investment issues. 

A regular speaker at industry events, Sorensen also is Chair Emeritus and current Membership Chair of the International Society of Hospitality Consultants (ISHC), serves on the Hotel Asset Management Association (HAMA) Marketing and Finance Committees, sits on the Michigan State Real Estate Investment Management Advisory Committee and was one of the first 25 designees of the coveted Certified Hotel Asset Management (CHAM) worldwide.

Additionally, after years of contribution, he served as co-chair of ISHC CapEx 2018: A Study of Capital Expenditures in the Hotel Industry, the industry’s exclusive resource on hotel capital expenditures and lectures regularly at Michigan State’s esteemed School of Hospitality Business. 

Sorensen received his Bachelor of Science in Hotel Restaurant and Institutional Management from Iowa State University and his Master of Business Administration from the University of Illinois.
“As COO, I look forward to overseeing our expanding portfolio and supporting our world-class team of professionals as we continue to define the gold-standard for asset management in the hospitality industry,“ said Sorensen. “I’m confident in the strategy we have developed, and in our dedicated team, to deliver the most comprehensive and effective hotel asset management services available today.”

 Chris Daly
 Daly Gray Public Relations
Phone: 703-435-6293

Actress Anne Heche Selling Her Los Angeles, CA Home for $3.95 Million

Heche has been living in an Old World-style home that was built in 2009 in the Hancock Park-Wilshire area of Los Angeles, CA
Photo credit: The Agency                               Source:

Anne Heche
 HANCOCK PARK, LOS ANGELES, CA -- According to, Celebrity actress and author Anne Heche is selling her private and gated 2009 house in Hancock Park, Los Angeles which is listed at $3.95 million.

Anne and Ellen DeGeneres
The property is listed by Billy Rose of The Agency, Beverly Hills.

Born near Cleveland, Ohio into a struggling family with five children and moving often, including some time in an Amish community, Anne Heche got her start in acting right out of high school in the television soap opera Another World.

Billy Rose
 Cast in a dual role as evil twins, from 1987 through 1991 Anne was one of daytime tv’s most popular stars winning an Emmy and a Soap Opera DIgest Award.

Anne and Coleman Laffoon
Since that time, she has appeared in film, on television sitcoms and written her autobiography, Call Me Crazy, which was released in 2001.

Anne and James Tupper
Heche has been living in an Old World-style home that was built in 2009 in the Hancock Park-Wilshire area of Los Angeles.

Antonio Banderas
Loaded with character from its barrel-tiled roof to its wood-and-dark-beamed ceilings, the 4,652-square-foot house contains five bedrooms and five baths with a dramatic open-plan family room with kitchen and two-story ceiling, fireplace and French doors that open to the entertainment terrace.

Melanie Griffith
There is a formal living room with wood-burning fireplace, formal dining room, a den-media room, combination guest-suite office, and a butler’s pantry with wine cooler and ice maker.

Nat King Cole
Family bedrooms are located on the second floor with high-beamed ceilings, large closets and balconies.

Natalie Cole
The master includes three closets, a steam shower and freestanding tub. In addition, the house has a laundry room and two-car garage.

Maxine Waters
Outside is a pool, cabana, an entertaining loggia with wood-burning fireplace, outdoor dining and lawn.

In 1998, Heche was chosen by People magazine as one of the 50 most beautiful people in the world.

David Schwimmer

Her most notable film was Six Days and Seven Nights, made in 1998 and her most notable relationship was with Ellen DeGeneres which lasted from 1997 until 2000.

She moved on to marry cameraman Coleman Laffoon, with whom she had a son in 2002, and after their divorce, had another son with partner James Tupper, with whom she co-starred in the film Men in Trees.

 In 2004 she was nominated for a Tony Award for Best Actress in a play for a revival of Twentieth Century.

Prince William and Princess Catherine
The Hancock Park neighborhood has an interesting history, many celebrities have called it home including Antonio Banderas and Melanie Griffith, Nat King Cole and daughter Natalie, politician Maxine Waters and actor David Schwimmer.

When Prince William and Princess Catherine visited the U.S. in 2001, they stayed at the residence of the Los Angeles British Consuls-General, which abuts the nearby Wilshire Country Club.


Genelle C. Brown
Content Manager, Media Division
Phone:  434-480-4504

Twitter:  @toptenrealestat  

Meta Housing Breaks Ground on 65-Unit Affordable Mixed-Use Community with Social Services Programs in Roseville, CA

From left: Danielle Foster, City of Roseville; Scott Alvord, City of Roseville; John Nunn, California Department of Housing and Community Development; Caitlin Lanctot, California Public Finance Authority; Graham Espley-Jones, Western Community Housing;
Supervisor Bonnie Gore, County of Placer; Sean Johnson, CalVet;
Mayor John B. Allard II, City of Roseville; Loren Messeri, Meta Housing;
Aaron Mandel, Meta Housing.
Meta Housing breaks ground on Main Street Plaza Apartmentsin Roseville, California. The project consists of a 44-unit mixed-use affordable housing complex with 3,000 square feet of community-integrated commercial space, a 21-unit affordable housing complex and a public pedestrian paseo.

Roseville, CA – Meta Housing Corporation, a Los Angeles-based developer, in a joint venture partnership with Western Community Housing, Inc., a Southern California-based non-profit public benefit corporation, has announced the development of Main Street Plaza Apartments, consisting of a 44-unit mixed-use affordable housing complex with 3,000 square feet of community-integrated commercial space, a 21-unit affordable housing complex and a public pedestrian paseo in Roseville, California.

The $32.8 million project will provide affordable housing for low-income families, veterans, and special needs individuals.

Main Street Plaza Apartments will be located at the northeast corner of Washington Boulevard and Main Street'  The project is expected to be completed in Fall 2020. 

 Of the 65 apartment units to be built at the property, 19 will serve veterans receiving HUD VASH rental subsidy, while 11 units will serve low income households through the Housing Choice Voucher program; both rental subsidy contracts were awarded to the project and contracted through the Roseville Housing Authority.

Supportive services funding and development assistance through the Placer County MHSA program, will ensure that 10 of the 11 general voucher units will serve households with special needs.

Kasey M. Burke
The remaining 34 affordable units will serve low-income families, including veteran families and the local workforce.

“The City of Roseville is making affordable housing a priority for households at all income levels throughout the city,” says Kasey Burke, President of Meta Housing.

“We’re excited to be contributing to this goal through the development of Main Street Plaza Apartments, which will provide attractive new homes for families earning between 30 percent and 60 percent of area median income, as well as for veterans and individuals living with mental illness.

Burke notes that the project’s resident service coordinator, LifeSTEPS, will provide life-improving services to all residents at Main Street Plaza Apartments.

The veteran population will receive specialized service coordination, education, case management, health services, transportation, counseling, and advocacy on-site and through the VA Sierra Nevada Health Care System.

MHSA residents will receive intensive case management services from Placer County.

Roseville, CA Mayor John B. Allard II
“One of the City of Roseville’s main initiatives is reinvestment into the city’s core neighborhoods," says John B. Allard, II, Mayor of Roseville..

"Here we are doing this through affordable housing and economic development principles.

"As a partner in providing land and financing to this project, the City is sparking revitalization in the Historic Old Town and supporting the neighborhood economy by providing affordable housing options for a range of community needs through the increase of residents in the district.

 “We view the Main Street Plaza Apartments development as a significant contributor towards multiple city goals and, since the project will also serve our veterans, local workforce, and residents with special needs, it is also a point of pride for our city.” 

           Main Street Plaza Apartments will offer 27 one-bedroom, 19 two-bedroom, and 17 three-bedroom units, along with two two-bedroom manager’s units. In addition, the development will include 3,000 square feet of ground-floor retail space and a public pedestrian paseo.


Micaela Fehrenbach/Lexi Astfalk
Brower Group
(949) 438-6262